REC (RECLTD) — Board Meeting

📢 Key Event
NSE and BSE fined REC ₹10,77,340 each for board composition non-compliance.

🔄 What Changed
₹10,77,340 fines imposed by NSE and BSE for board composition violation.

💡 Investor Takeaway
The fines highlight regulatory scrutiny over board governance despite government-controlled director appointments.

REC Limited disclosed that NSE and BSE imposed a fine of ₹10,77,340 each for non-compliance with board composition rules in the quarter ended June 30, 2026, related to director appointments governed by the Ministry of Power.

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About REC Limited (RECLTD)

Financial Services · Finance · Listed on NSE

Market Cap: ₹82,946.56 Cr P/E: 5.2 ROE: 19.0% ROCE: 9.4% Div Yield: 5.89%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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